Here are the biggest calls on Wall Street on Monday: Bank of America reiterates Apple as buy Bank of America lowered its price target on Apple but says it’s bullish on a foldable iPhone in 2026. “Our PO moves to $320 (from $325) on 32x (unchanged) C27E EPS of $9.94.” Morgan Stanley upgrades Cemex to overweight from equal weight Morgan Stanley says the multinational building materials company has a robust balance sheet. ” CX is ahead of the curve on margin protection, entering this period from a materially stronger starting point than in 2022.” Bernstein reiterates Nvidia as outperform Bernstein says it’s sticking with Nvidia. “NVDA (Outperform, $300.00): The datacenter opportunity is enormous, and still early, with material upside still possible.” Morgan Stanley upgrades Cheniere Energy to overweight from equal weight The firm says it sees “better margins and growth prospects” for the LNG company. “Cheniere’s portfolio is largely contracted, providing stable cash flows in any commodity price environment.” Stifel upgrades Valvoline to buy from hold Stifel says the stock is too compelling to ignore at current levels. “We are upgrading VVV to Buy with a $42 target price, as the recent pullback provides a compelling entry point, with market concerns regarding base oil inflation and gasoline prices appearing to be largely discounted.” Mizuho upgrades MongoDB to outperform from neutral Mizuho says it sees “durable growth drivers.” “We upgrad e MDB to Outperform ($325 PT) from Neutral ($290) on a compelling post-FQ4 risk/reward setup.” Read more. Morgan Stanley upgrades Brookfield Infrastructure Partners to overweight from equal weight Morgan Stanley says buy the dip in the infrastructure energy company. “After lagging to start the year, we are raising our rating on BpIP to Overweight (from Equal-weight).” Barclays reiterates Tesla as equal weight Barclays says Tesla’s foray into semis will be expensive but that it’s cautiously optimistic. “Elon Musk’s Terafab announcement this weekend reinforced the core theme of our deep-dive report late last week – that chips are truly the pillar for Tesla ‘s growth over the next decade+, and at the center of the company’s physical AI push / efforts in ‘amazing abundance.'” Morgan Stanley upgrades Banco Santander to overweight from equal weight Morgan Stanley says shares of the LatAm bank have more room to run. “We upgrade Santander to Overweight. We believe the recent sell-off in the stock reflects investor positioning, and with our pro-forma PE estimate below 6.5x for 2028E…” Wells Fargo names Levi Strauss a top pick Wells says Levi’s a is a new top idea at the bank. “Raise numbers, reiterate OW and add to our Top Picks list. Stock has underperformed of late (now just 10-11x 2027), but we see this highly debated name shifting sentiment from here as margin concerns flip to margin visibility in 2H and into 2027” Bank of America reiterates Dell as buy Bank of America raised its price target on the stock to $172 per share from $155. “Our PO of $172 is based on approximately 11x our C27E EPS estimate of $15.42. Our target multiple compares to median 5x of historical range 3x-18x for Dell since it returned to the public markets in 2019. Dell went private in 2013 and prior to that the company had a very different structure.” Citigroup reiterates AT & T as buy Citi raised its price target to $31.50 per share from $29. “We believe AT & T ‘s price action on plans could continue to help improve investor positioning going into its 1Q earnings.” Morgan Stanley reiterates GE Vernova as overweight The firm raised its price target on GE Vernova to $960 per share from $817. “Latest data points screen positive on turbine demand, pricing, and medium-term electrification trends and we see upward estimate revision potential on 2030 consensus. Remain OW; raise PT to $960.”